As a manager, the success of the business you run is in your hands, and it’s important you take proactive steps to enhance the productivity of your team so that your company remains profitable and successful. When your team lacks morale, their productivity will drop. This problem will likely progress and worsen over time. It’s a good idea to put in your best effort to maintain and optimize your team’s morale – ensuring each member of your team feels valued and respected. Additionally, it’s important to pay fairly so that your team doesn’t leave you for your competition.
Ensuring each of you team members feels understood, valued, and respected is a vital first step in optimizing their morale. When your team does not feel as though you understand them, they are unlikely to feel compelled to work hard and contribute to your business. To ensure each member of your team feels respected, ask for their input, offer incentives, and reward them when they exhibit exceptional performance.
Although it’s a great start to value your team, you must also offer fair wages if you want them to have a high level of morale. Underpaid employees are likely to experience stress, frustration, and discouragement. To ensure you are always providing competitive wages, keep updated on local and global industry standards. Starting with a base rate and offering bonus pay as an incentive for exceptional performance is another option, and it encourages your team to put in their best effort at all times.
If you want your team to remain productive, then you must avoid overworking them. People don’t perform at their best when they are tired and burnt out. Productivity declines after about 50 hours of work in a week. Although it might be tempting to overwork your team when deadlines are fast approaching, doing so would be counterproductive and harmful. Encourage your team to take at least one day off each week so that they can come back to work feeling focused, recharged, and motivated.
When your team does not operate with efficiency and effectiveness, your business will suffer and experience decreased profitability. If you fail to address underperformance, then your business will likely fail as a result. On the other hand, a reliable and dependable team will benefit your business, and your products or services will be created and delivered efficiently and effectively. Optimizing productivity is not always easy or simple, but promoting positive morale, offering fair wages, and preventing your team from becoming burnt out will give you the best possible results.